For women MBAs, the biggest problem is considered to be the fact that they have to compete with men for a spot in the sun. Mostly, female MBA graduates earn less than their male counterparts. Yet, not all women agree with this – like the Indian economics graduate who found the courage to fight the system.
Women-Only Alternative MBA Program
Anuradha Das Mathur’s solution to the inequality problem is her The Vedica Scholars Programme for Women, which is a year-and-a-half alternative to traditional MBA programs in India. This program is located in New Delhi and is aimed exclusively at women. According to Forbes, the foundation for this new program comes from a U.S. governing council with members including Madeleine Albright and Joanna Barsh.
According to Poets and Quants, traditional business schools don’t do anything to help women get represented more in the business world. MBA programs don’t usually teach women to fight inequality and don’t recognize the fact that the world is still pretty much run by men.
Anuradha herself is a Cambridge graduate and former editor of Indian BusinessWorld. She also worked with the Fortune and U.S. State Department Emerging Women Leaders program, which stated that the new program’s task is to help talented female MBAs to develop careers worthy of them.
Women Should Fight Inequality Now to Change the Future
Transparent Career data shows that on average, male MBAs earn about $180,000 in their first postgraduate job, whereas their female counterparts don’t earn more than $166,000.
The Vedica program is there to change this financial inequality. Currently, it is preparing to admit the third year of students in its history since its launching in 2015. There are four major courses in its curriculum: Mastering Management Practice, Thinking and Communicating for Impact, Learning from the Liberal Arts and Taking Charge of Personal Growth. All of them are aimed at telling women how to appreciate themselves for what they are and make a career worthy of an MBA degree holder.
According to Anuradha Das Mathur, the program invites both female and male speakers from different businesses to give talks to students. Female CEOs agree to work as mentors for students. The main point of this practice is that women need to change the situation themselves without waiting for common views to change, as it would take too much time.
Join MBA25 event in Kyiv and lear more about the best MBA programs for female students!